Someone bought $5M in June 50x puts on $DISH. Pretty massive size especially given the almost non-existent OI across most the options on this stock.  As mentioned before, it's interesting that Tech Trader seems to almost only buy energy and healthcare names while broadly shorting most everything else.

DISH 6/17/2016 50x Puts, 13000@$2.45
MV: $3.2M | $Not.: $30.3M | OI: 6303 | 17.6% TotalOI
56.4% StockVolume | 55.1% OptionVolume

Doing well short $WDR today (down 10% after earnings). Held since 2 weeks ago on  put buying at $20 strike, which we are now near.

WDR 5/20/2016 20x Puts, 3380@$0.9499
MV: $0.3M | $Not.: $2.1M | OI: 37 | 107.8% TotalOI
29.3% StockVolume | 69.8% OptionVolume

$PBR up another 7%; only Brazil name left and it's the strongest. Also just shorted $RIO on $1.6M in put buying, effectively betting both sides equally in Brazil now.  The put activity is below.  This is definitely a rotation from Tech Trader's massively long Brazil theme last month.

RIO 6/17/2016 32.5x Puts, 9404@$1.7
MV: $1.6M | $Not.: $11.9M | OI: 347 | 7.1% TotalOI
32.3% StockVolume | 72.2% OptionVolume


$PBR trade up a total 25% now.

Theme rotating from Brazil to last month's healthcare names now. $EGRX up 15%; many names $BMY, $WLK, $GILD bullish on Trendlines, unusual volume, and other older strategies.

Brazil/Energy theme doing great again. $PBR opened down but up 1.5% now and above $7. Names like $EEP, $ETP still breaking out on Trendlines and other older strategies with energy sector overall up 1.5%.

Another strong day for Brazil/Energy after pullback yesterday morning. Mainly holding $PBR (+6%) but $VALE, $EEP, and other past names also rallying.

$PBR now up 20% since re-entry a few weeks back.

Massive volume spike on $INCR on older strategy. Similar spike in $CVT before 65% jump today.

Taking gains on many energy names into week end. Main one holding is $PBR, ironically most tied to Brazil impeachment situation.  The timing is pretty amazing as this is basically Tech Trader reducing exposure before the vote on Sunday.

Another strong day for Brazil/Oil trade. $VALE from yesterday already up 8%, $PBR up 3%. $XLE itself not up that much, so Brazil is definitely the bigger factor.

Adding to last month's long Brazil/Oil theme with $VALE to the existing $PBR, $MUR, $EEP, $EQT. Tech Trader is still overall very neutral in exposure (55% long, 40% short), but it'll be interesting to see if this starts to change and especially if it's via energy bets.  You can see in the sector exposure chart at the bottom that Energy is now leading for both most exposure (still a modest 20%) and marginally the most P&L for the year (excluding ETFs).

Healthcare theme playing out well from last week.  $MDVN, $BSX, $EGRX, and even an older one $INSY each up 2-7%.

$WWE, which had a bullish risk reversal on April 18x calls/puts last week, is in rumors to have a buyout offer.  This is the options activity from last week:
WWE 4/15/2016 18x Calls, 1655@$0.8999
MV: $0.1M | $Not.: $1.4M | OI: 1094 | 8.6% TotalOI
22.8% StockVolume | 27.3% OptionVolume
Leg: WWE 4/15/2016 18x Puts, 1655 on OI of 2516

$OMF, which had Apr 31x call buying, just sold 47% stake in SpringCastle. See if this is the news the buyer wanted.

Activity in individual stocks picking up. $BSX, $EGRX, $MDVN all bought this week. $WUBA, $FNGN, $KBWB shorted.  $OMF rebought this month after already trading it last month.

Overall positioning looks like a continuation of the long Brazil/oil theme but now also with healthcare while selectively buying and shorting financial names.  It seems like there's a lot of anticipation on catalysts coming up on many of these names ranging from healthcare events to potential acquisitions on other names.

Brazil trade working out especially well today after Fed again. Names like $PBR up above $6 now from Tech Trader's entry around $5.

Tech Trader coming alive again w/ an intraday bottom on $XLK at $43.35.  Only one so far - like first shots fired to test the waters.


More interestingly, Tech Trader's 100% hitrate once-in-a-blue-moon SPY buy signal might trigger today as well.  All of us here are watching excitingly to see if we'll get yet another signal this year only 3 months into the year, which is very unusual and points to just how different the current market is from the last few years.

The long Brazil and $AMD themes continuing strongly from yesterday.  Last one we're waiting on is $INSY (marijuana) with its conference today.